Under instructions from the executors of the Estate of J.B. Edwards this unique Real Estate holding offers 2 substantial properties on one title, a character family home and commercial showroom on 972sqm of land, two street frontages, zoned ‘Neighbourhood Centre’.

391 Brighton Road, Hove. – Conventional style showroom built circa 1963 with concrete block walling & pitched iron roof and gross building area of 288sqm approx. The retail portion of the showroom is well maintained, with vinyl floor tiling, fluorescent lighting in office & storage. Currently used as bicycle showroom/retail sales with 5 + 5 year lease to J.T. Cycles returning $17,820pa ex. GST.
Prominent main road location with a high volume of traffic approx 36,300 vehicles per day and exposure, adjacent retail shopping, professional rooms and doctors surgery. Ever popular beachside suburb with strong community focus, adjacent Hove railway station, and this well known business is a visual landmark.

2 The Crescent, Hove. – Art deco style residence circa 1938 with many character features and spacious floor plan currently disposed as 7 main rooms, verandah entry, formal lounge with French doors to separate dining room, a country style kitchen is almost original, but very spacious. 3 bedrooms plus a family/sunroom and bathroom with terrazzo floor. Externally private lawn area with toolshed and pergola. Car parking is located to the front of the dwelling. In original condition this home offers character home buyers the opportunity to add their own decorating touch. Conveniently positioned walking distance to the beach, with Brighton Secondary School Zone and 80 metres to Marymount College.
This exciting property offers astute investors sound rental income and redevelopment potential.
A rare opportunity and not to be missed.

For further information please contact Paul Henry 0411 886 804.

Visit www.glenelgpropertyguide.com.au to view other LJ Hooker Glenelg properties.
RLA 182909